sec.193BConsideration of application for transfer

### sec.193B Consideration of application for transfer The regulator must consider the application having regard to the objects of this Act and may transfer, or refuse to transfer, the transmission authority. However, the regulator may transfer the authority only if satisfied— the proposed transferee will operate the transmission grid to which the authority relates; and the proposed transferee is a suitable person to be a transmission entity; and the proposed transferee meets the additional criteria prescribed under a regulation. In deciding whether the proposed transferee is a suitable person to be a transmission entity, the regulator may consider the matters mentioned in section 189 (3) as if the proposed transferee were applying for the issue of the authority. s 193B ins 2003 No. 28 s 19 (sec.193B-ssec.1) The regulator must consider the application having regard to the objects of this Act and may transfer, or refuse to transfer, the transmission authority. (sec.193B-ssec.2) However, the regulator may transfer the authority only if satisfied— the proposed transferee will operate the transmission grid to which the authority relates; and the proposed transferee is a suitable person to be a transmission entity; and the proposed transferee meets the additional criteria prescribed under a regulation. (sec.193B-ssec.3) In deciding whether the proposed transferee is a suitable person to be a transmission entity, the regulator may consider the matters mentioned in section 189 (3) as if the proposed transferee were applying for the issue of the authority. - (a) the proposed transferee will operate the transmission grid to which the authority relates; and - (b) the proposed transferee is a suitable person to be a transmission entity; and - (c) the proposed transferee meets the additional criteria prescribed under a regulation.